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93 S Summit Avenue
Score
74
Patchogue, NY

93 S Summit Avenue

550K
bd • ba • sf

This analysis was generated on 8/19/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$550,000
-4%vs 11772
Price/Sq.Ft
$550,000
+140565%vs 11772
Below Estimated Range
68.6% below range

Current Price

$550,000

Estimated Range

$1,750,000 - $1,800,000

$550,000
Below Market-20%
Above Market+20%

*AI analysis for entertainment only - not professional appraisal. Consult licensed professionals for property valuations.*

Market Data Points

4 data points for educational exploration

*Educational market data analysis only. Consult licensed real estate professionals for negotiation strategies and market advice.*

AI Suggested Range (Entertainment Only)

$1,775,000
AI Success Estimate:High(65%)
*Entertainment only - actual results may vary*

AI Rationale

Reflects market value adjusted for repairs and DOM. Seller motivation due to extended listing period.

AI Analysis Score
74
58
Home Condition
60
Natural Light
90
Value
68
Location

*AI scoring for entertainment purposes only. Scores are subjective and not professional evaluations. Consult professionals for property assessments.*

Visual Insights

AI-analyzed spaces with reimagining capabilities

Roof Condition
Roof Condition

Roof Condition

The roof appears to be old and potentially in need of replacement. This could lead to leaks and water damage if not addressed.

Exterior Siding
Exterior Siding

Exterior Siding

The exterior siding appears weathered and may require painting or replacement. There could be underlying wood rot.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$15,000

Roof Replacement

$15,000
High

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$550,000
-30%List: $550,000+30%
20%
$110,000of $550,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $2,310/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$146,925
Closing Costs
+$36,925
Down Payment
$110,000
Buyer Agent Fee
$14,025
Loan Fees
$4,400
Title & Escrow
$3,300
Inspections
$900
Transfer Tax
$6,050
Prepaid Expenses
$8,250

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Data Buyer Power
Market Speed
70 days
vs 34 day average
This home has been listed for 70 days, while homes in this area typically sell in 34 days
Inventory Health
69
homes for sale
29 homes sold last month, indicating 2.4x more supply than demand
Price Dynamics
101.9%
of asking price
Homes typically sell for 1.9% above asking price

*Market analysis for entertainment purposes only. Historical data may not predict future performance. Consult real estate professionals for market guidance.*

Price Trajectory

$578,750
Current median price
+9.0%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Historical Data: data suggests stability
Prices are down 0.0% over the last 3 months
3 Months
0.0%
6 Months
+4.8%
1 Year
+9.0%

*Historical price trends for educational purposes only. Past performance does not predict future results. Consult professionals for market forecasts.*

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 10.0% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$578,750
3 Months Ago
$362,500
+59.7%

Schools

Details about nearby schools in this area

Climate Risks

Assessment of climate-related hazards for this property

Major Risk Profile

This property has 0 severe, 1 major, and 3 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Educational Tour Ideas

Educational suggestions for property tours

Inspect the roofs of all three houses for signs of wear, damage, or missing shingles. Pay close attention to flashing around chimneys and vents.

Check the basements of all three houses for signs of water intrusion, such as stains, mold, or efflorescence (white powdery deposits).

Walk the 2.2-acre land, paying attention to the topography, drainage patterns, and any potential environmental concerns (e.g., wetlands, buried debris).

Take photos of any visible issues or areas of concern throughout the property for future reference and negotiation.

Check the rental permits for all three houses to ensure they are current and compliant with village regulations.

Educational Questions

Sample questions for educational purposes

Can you provide detailed records of all maintenance and repairs performed on the three houses in the past 5 years, including roof repairs, plumbing work, and electrical upgrades?

What is the current annual rental income for each of the three houses, and what are the terms of the existing leases?

What are the specific requirements and costs associated with subdividing the 2.2-acre land into two additional building lots, including permits, surveys, and infrastructure connections?

What is the age of the roofs, HVAC systems, and water heaters in each of the three houses?

Given the moderate flood risk, what flood zone is the property located in, and what are the flood insurance requirements?

Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.

Property Discussion

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